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1797 Magnolia Drive

1797 Magnolia Drive, Bedford, VA 24523
Property in Bedford
Sold Dec 09, 2019
$172,000
$163,400 by American National Bank And Tru
Mortgage
Sold Dec 14, 2018
$140,000
$130,000 by First National Bank
Mortgage
1797 Magnolia Drive in Bedford, VA was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1797 Magnolia Drive has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,056 sqft and has been categorized as a full basement. In total, the area measurement of the land is 136,778 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1797 Magnolia Drive sold most recently in Dec 5, 2019 for a total of $172,000. If you work out the math, that's approximately a cost of $162.88 per sqft. Before that, the property was also sold for $140,000 in Dec 11, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $841 in taxes each year. 1797 Magnolia Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,056
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 136,778
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOLF CR
  • Land Acres: 3.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOLF CR PB 54/204

Ownership

  • Current Owner : BEISSER JACOB GRANT
  • Current Owner 2: BEISSER JOCELYN ELISE
  • Previous Owner : REDEEMED PROPERTIES LLC
  • Owner Before Previous Owner: WAPLES JUSTIN A
  • Owner Before Previous Owner 2: WAPLES ABIGAIL K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030403

Geography

  • Parcel: 126 A 36
  • Municipality: PEAKS
  • Latitude: 37.3407
  • Longitude: -79.6043

    Address

  • Full Address: 1797 Magnolia Dr
  • Address - House Number: 1797
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Bedford
  • Carrier Code: R006
  • 4-Digit Zip Code: 4674
  • Zip Code: 24523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 252,540
  • High Value: 301,509
  • Low Value: 203,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,400
  • First Open Lien Mortgage Lender: AMERICAN NATIONAL BANK AND TRU
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $163,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $205,200
  • Market Land Value: $57,800
  • Market Improvement Value: $147,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,600

    Sales

  • Current Sale Contract Date: Dec 05, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11713906819
  • Current Sale Price: $172,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190011684
  • Previous Sale Recording Date: Dec 14, 2018
  • Previous Sale Contract Date: Dec 11, 2018
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NATIONAL BANK AND TRU
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $163,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK
  • Previous Mortgage Transaction Date: Dec 14, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Bedford



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Frequently Asked Questions

What neighborhood is 1797 Magnolia Drive located in?
The 1797 Magnolia Drive is a located in the neighborhood of Bedford in Bedford, Bedford.
What is the average sales price for listings in 1797 Magnolia Drive?
The average sales price for units in 1797 Magnolia Drive is $0 currently.

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